BBVA Equity derivatives sales business has been ranked second on the Thomson Reuters EXTEL 2013 survey, with 10% of all votes.

BBVA was ranked 9th in the same survey last year. This is a +72% progression in the voting points collected, which puts BBVA in the EXTEL "Rising Stars" category. As well, BBVA's Head of Equity Derivative Research was ranked 2nd in the survey this year. 

The clients recognize in this survey the significant achievements made in BBVA's Equity Derivatives business, both in Flow and Structured Products. It especially highlights the quality of BBVA's derivatives sales, trading, research and structuring teams in providing sales service, trade ideas, integration of analysis, liquidity and trading capability.

This prestigious survey is based on the votes of  over 300 professionals from 200 buy-side firms (of which, 80 key firms) managing European Equities. Almost all of the voters are based in Europe, mostly UK, France and Germany. These three countries accounted for 75% of the votes.

Clients were given the opportunity to comment on their equity providers, and there are a few comments about BBVA, such as, from an English Private Wealth Manager who said "They have competitive pricing and a very broad spectrum of product capability" or from a Swiss Fund Manage that mentioned: "They have a high level of coverage and expertise. The solutions presented by the BBVA representative constitute a strong added-value to our activity". 

Arnaud Joubert, head of BBVA Equity Derivatives Sales Europe, explains that "this is an important achievement for BBVA and it will have a positive impact on our business as the survey results are used by investment professionals across Europe to decide on their service providers."

This distinction once again highlights the level of specialized services offered by BBVA Corporate & Investment Banking, considered a benchmark in the financial industry.